Board management software, often referred to as board portals designed to help and simplify the task of running an organization’s board. It automatizes the routine tasks such as scheduling meetings, sharing materials and dispersing meeting minutes. It also has tools to help directors communicate effectively with each other in person as well as online. Certain vendors provide a complete solution, while others require users to purchase additional integrations to support specific functions. This article highlights five of the features of board management applications based on ratings from verified software users. It also lists the top-rated software in each category.
The document management feature centralized and organizes all documents related to boards in one repository, enhancing information management and efficiency. It also provides collaboration tools like real-time annotations, comments and notifications, that allow members to read documents simultaneously and aid in faster feedback and decision-making. This feature comes with version control and accessibility controls which allow administrators to establish levels of authorization for documents and files.
Security is an important factor for any company considering adopting new software, especially when it deals with sensitive data. Freeware typically comes with little or no encryption. This leaves boards exposed to breaches which could result in financial loss and damage to reputation. It is recommended to choose a software that has an encryption level of 256 bits or more.
A reliable software for managing boards can help reduce administrative burden and help you save time, which allows more time to focus on important initiatives and projects. To choose the best solution, you must do extensive research and evaluate. In addition to assessing the capabilities of every tool, it’s crucial to think about how each function is integrated into your current technology stack.
